When Stanford right-hander Mark Appel began his free-fall from the top spot to the eighth-overall selection due to signability concerns, many pointed to the new draft rules agreed upon in the most recent Collective Bargaining Agreement as the culprit.
The new draft rules call for each pick in the first ten rounds to have a monetary value. The draft budget for each team is the combined value of their respective draft picks in the first ten rounds. By now, most following the draft are aware that penalties exist for exceeding the draft budget — first a tax, then the loss of future draft picks. The catch is, though, that any unsigned pick in the first ten rounds costs that team the corresponding budget money allotted to that specific pick, and any bonus greater than $100,000 after the tenth round still counts toward the overall draft budget.
Thus, Mark Appel fell to the number eight slot held by the Pittsburgh Pirates because teams felt the Stanford pitcher would demand too much of their budget, and the worst scenario for any team would be that the two sides failed to come to an agreement. Little would happen to Appel. He would simply return to Stanford for his senior year and return for the 2013 Draft. Though for the major league team, they would not only throw away a first-round pick, but also forfeit a huge portion of their draft budget, which would handcuff their options in remaining rounds.
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